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ST. LOUIS NEWS TODAY -

Mayor Lyda Krewson Announces Launch of Bike Share in the City of St. Louis
ST. LOUIS, MO, (SLFP.com), April 22, 2018 - On April 16th, Mayor Krewson launched Bike Share in the City of St. Louis. The Board of Aldermen passed an ordinance allowing the city to issue bike share permits. The ordinance allows for multiple bike share companies to operate within city limits, and sets requirements for operation and permit renewal. Two companies, Lime Bike and OFO, have been issued permits by the City of St. Louis.

Roughly 1,500 bikes, scooters and electric bikes will immediately be available throughout the city, with a total of 5,000 bikes to be rolled out over the next six months. Both bike share systems are 'dockless'; bikes can be found and accessed via each company's app instead of at permanent locations or docks.


Limebike ride share
Phillip Nast enjoyed a 6.2 mile ride through Forest Park recently on a Limebike, by scanning the code through a smartphone app which unlocks the bike for a small fee and allows the user to dock at another location when finished.
In order to prioritize access for communities with limited transportation options, the ordinance requires companies to ensure that 20 percent of their total fleet is made available within eight social equity and inclusion target neighborhoods. These target areas include:

West End/Visitation Park/Academy/Hamilton Heights
Wellsgoodfellow/ Kingsway West
The Ville/Greater Ville
Kingsway East/Fountain Park/ Vandventer
Jeff-Vander-Lou/Grand Center
Carr Square/Columbus Square/Old North/St. Louis Place
Hyde Park/St. Louis Place/Old North
Dutchtown/Gravois Park/Marine Villa/Mount Pleasant


"Bike share presents a great opportunity for St. Louis residents and visitors, whether you're trying to get to work or to a meeting, run a few errands, connect to a Metrolink stop or take a trip to a nearby park or museum," Mayor Lyda Krewson said. "By ensuring access to bikes across the city, we can improve transportation options for all St. Louisans and help bridge physical and social divides that have historically separated our neighborhoods."

"As the leading U.S. multimodal mobility company, we're excited to provide St. Louis with accessible, affordable and sustainable transportation options. We've worked with the City and local stakeholders for the past six months to ensure we are rolling out a system that will serve the entire city, helping residents, students and visitors get where they need to go and discover all the amazing things this city has to offer," Sam Sadle, director of strategic development at Lime Bike, said.

The bike share ordinance also requires companies to offer options for riders that do not have smartphones or credit cards.

"We are thrilled that St. Louis has embraced the dockless revolution, bringing real, positive changes such as reduced traffic, lower emissions, and improved public health to both the city and its residents," Chris Taylor, head of north America for ofo, said.

The City's Streets and BPS Departments have been working to make bike share a reality for several years, and has enjoyed the support of several community partners, including Bi-State, Great Rivers Greenway, and Trailnet.


Missouri's New Opportunity Zones
JEFFERSON CITY, MO, (SLFP.com), April 15, 2018 - The locations of the Opportunity Zones were determined by the state of Missouri, and made possible by the Tax Cuts and Jobs Act of 2017. Areas with high poverty rates and slow job growth will get a boost as they compete for jobs, with additional state and federal tax incentives for businesses that invest in these communities.

"The Opportunity Zones program will help spur new investments in communities where they're needed most. By bringing investment incentives to underserved areas, the program will help create more jobs, drive economic growth, and improve the quality of life for families across our state. The Opportunity Zones program is another example of how tax reform is directly benefitting Missourians, and turning the page on years of slow growth and stagnant wages. I'm proud to support this program, and I'll keep working to advance pro-growth policies that will help more hardworking families get ahead," said Senator Roy Blunt in a joint release with Governor Eric Greitens.

Created by the Tax Cuts and Jobs Act of 2017, the Opportunity Zones program provides investors with a treasury-certified capital-gains tax deferral, based on their investment in the designated areas. The program seeks to revitalize and create jobs in areas that otherwise may not be considered by investors.

Under the law, each state could nominate up to 25 percent of census tracks that met the eligibility requirements for the program, to be designated by the Secretary of the Treasury. In Missouri, the state could nominate up to 161 census tracks to be designated as Opportunity Zones.

To determine which zones were chosen, Missouri relied extensively on local input. Local governments were asked to nominate areas for inclusion in the program by sending a written proposal to the Missouri Department of Economic Development (DED).

The communities prioritized their selections and provided DED with information about development plans, and descriptions of recent and future investments. In addition to local recommendations, the state considered the Opportunity Zone's potential to address need and generate investment impact.


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